Drones Market
Global Drones Market, By Type (Fixed-Wing and Multi Rotor),By Capability (Passenger Drones and Cargo Drones), By Capacity (Up to 100 kg and Over 100 kg),By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying,Agricultural Photography, Precise Agriculture Management, Agriculture Insurance Inspection), Industry (Construction,Oil & Gas, Mining, Logistics, Aviation,Telecom)), By Component (Airframe,Payload,Guidance Navigation & Control,Propulsion System), By Region –Forecast to 2028
Global Drones Market, By Type (Fixed-Wing and Multi Rotor),By Capability (Passenger Drones and Cargo Drones), By Capacity (Up to 100 kg and Over 100 kg),By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying,Agricultural Photography, Precise Agriculture Management, Agriculture Insurance Inspection), Industry (Construction,Oil & Gas, Mining, Logistics, Aviation,Telecom)), By Component (Airframe,Payload,Guidance Navigation & Control,Propulsion System), By Region –Forecast to 2028
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<strong>Drones</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2028<br />
4<br />
Global <strong>Drones</strong> <strong>Market</strong>: Segmental Overview<br />
By type, the market has been segmented into fixed-wing and multi rotor. Among these, the fixed-wing segment is currently<br />
account for the largest share of the market. The fuctional superiority for Fixed-wing drones is driving their demand<br />
worldwide. Fixed-wing drones are equipped with wings (rather than vertical lift rotors), which are similar to the normal<br />
airplanes, and are much efficient as compared to other types of drones. In addition, they are capable of covering longer<br />
distances, mapping larger areas, and are suitable for long-duration monitoring of their point of interest.<br />
By capability, the market has been segmented into passenger drones and cargo drones. Currently, the former is well ahead<br />
in the race. This is primarily owing to the greater viability of cargo drones whereas passenger drones are still viewed as an<br />
emerging concept that will need few more years before becoming a genuine contender. Moreover, manufacturers are<br />
introducing purpose-build cargo drones with wider ranges of payload options.<br />
By capacity, the <strong>Drones</strong> market has been segmented into up to 100 kg and over 100 kg. The up to 100 kg segment dominats<br />
the global market as most drones that are currently manufactured fall in the particular category. These drones are used for<br />
inspection and surveillance, photography and filmmaking, scientific research and development, lightweight cargo<br />
transportation, and passenger carriage among others.<br />
By application, the market has been segmented into agriculture (field mapping, crop scouting, crop spraying, agricultural<br />
photography, precise agriculture management, agriculture insurance inspection and other) and industry (construction, oil &<br />
gas, mining, logistics, aviation, telecom and others). The industry segment segment will continue to outperforme the<br />
agriculture segment during the forecast period. <strong>Drones</strong> find a wide range of industrial applicatins such as real-time data<br />
gathering and processing industrial data. One major benefit of using drones in industrial sectors is real-time monitoring<br />
industrial sites.<br />
By component, the market has been segmented into airframe, payload, guidance navigation & control and propulsion<br />
system. The airframe segment is holds the largest market and is expected to highly profitable in 2018 and beyond. Increased<br />
focus towards improving airframe structures to reduce size and achieve higher durability is also supporting the growth of<br />
the segment. Meanwhile, the payload segment is likely to witness the fastest growth over 2028.<br />
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